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World Ultra-Fast Broadband Forum 2023 Discusses Ways to Accelerate Transition to “Gigabit” Communities in Countries in Region

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World Ultra-Fast Broadband Forum 2023 Discusses Ways to Accelerate Transition to “Gigabit” Communities in Countries in Region

Muscat: The Global Ultra-Fast Broadband Forum 2023, organized by Huawei in Dubai last week under the theme “Interconnected Intelligence for New Growth”, in collaboration with the United Nations Broadband Commission, was a presence. An elite group of leading companies, telecom regulatory bodies, international standards bodies and industry leaders. One of the most important topics discussed by the participants was the ways to install and use high-speed broadband networks to unleash the advanced full potential and promote the construction of “gigabyte” associations in the countries of the Middle East and Central Asia region. The era of “smart connectivity” is one of the most important priorities for networks and various sectors and industries to improve their business and services, improve their revenue and increase their efficiency and productivity.

Over the past year, the high-speed broadband industry has made significant progress in terms of standards and key research that have produced many innovations. This comes at a time when artificial intelligence solutions continue to permeate our work and lifestyles, and smart services continue to emerge, which are gradually becoming the main driving force for improving productivity and the level of social life. This naturally raises the ceiling for high-speed broadband networks. Therefore, the importance of the forum emerges as a platform for dialogue and exchange of ideas and experiences on the path to pioneering the field of sustainable networks, using its potential for the benefit of its progress and social and economic development in regional countries. .

CEO and Member of the Board of Directors of Samena Communications Council Mr. The forum saw an exchange of insights from sector leaders in the region such as Boukar Ba; His Excellency Engineer Mohammed bin Omar, Director General of the Arab Information and Communication Technologies Organization (AICTO) and top executives of several regional sector organizations.

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The forum included a dialogue session titled “10 Gigabit Digital Infrastructure to Accelerate Building a Strong and Sustainable Digital Economy”, which brought together an elite group of communications industry officials to discuss the policies and practices needed to accelerate 10 Gigabit deployment. Broadband networks in regional countries. The session also discussed the necessary requirements including regulatory decisions, technological solutions and creation of partnerships in the light of exemplary global experiences and international standards that have proven their effectiveness in the field of high-speed broadband network. 10 gigabit digital infrastructure in building a digital economy in the region and its contribution to achieving the United Nations Sustainable Development Goals. The session was organized in collaboration with Samena Communications Council, whose CEO and Board Member Boukar Ba opened the forum with his speech.

The session was attended by Cevat Yerli, CEO of TMRW Global Communications Corporation and Alex Li, Managing Director of China Mobile International in the United Arab Emirates; Mohammed Bin Ali, Acting Director of the Department of Communications at the Ministry of Transport and Communications, Kingdom of Bahrain; Lin Yanqing, Senior Advisor for Industry Policy, Public and Government Affairs at Huawei; The session was moderated by Eric Almqvist, CEO of Sense Strategy.

Bukar A. Ba, CEO and member of the board of directors of SAMENA, said: “Doubling the real capacity of 5G networks and implementing realistic use cases on sustainable development paths is a priority today. 5G networks are constantly evolving towards advanced 5G technology. (5.5G networks 5.5G), It is essential to provide access to the necessary capital to support the new transition towards advanced, high-speed networks that will help social and economic development and bridge connectivity gaps in underserved areas and communities. SAMENA Telecom Council’s recent Telecom Operators and Regulators Group celebration, excellence and leadership award ceremony, has introduced 5G networks in the past. Reflecting the active leadership role of many telecommunications operators and regulators in the developing region and around the world, the few years have paved the way for more developments with greater use of these networks for businesses and communities.

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For his part, Lin Yanqing, Huawei’s senior advisor for industry policy, public and government affairs, said: “5.5G networks come in the wake of the natural evolution of the 5G ecosystem, and one of its key advantages is to boost network capabilities by 10 times and support… business at speeds of up to 10 gigabits per second. , enabling 100 billion connections and increasing the intelligence capabilities of many services. Huawei’s concept of ‘Gigabit Society’ leverages this technology to enable the era of ubiquitous connectivity and intelligence, open new frontiers for growth and innovation in various fields, and in the Middle East and Central Asia region, high-speed Integrating various advanced technologies with the support of broadband networks is considered to be the main vein for the growth and development of the work of all sectors and industries in the future.”

Huawei believes that ultra-broadband networks are the most important infrastructure for communities and enterprises in the smart era. It seeks to create an impact beyond the simple concept of the Internet to create a smart world based on enhanced connectivity. This requires large-scale digital infrastructure, such as fiber-optic or cloud networks, and the provision of vast digital space to support billions of new connections.

10 Gbps ultra-broadband networks form a solid foundation for a “10 Gigabit Society” where companies can connect their offices with manufacturing units and business branches with a high-quality 10 Gbps connectivity network. Seventh-generation Wi-Fi technologies contribute to providing wireless access at 10 gigabit speeds, and in addition to wired access to rooms at the same speed, greatly improving organizational productivity.

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Today, some Middle Eastern countries are leading the gigabit era and paving the way for the 10 gigabit era. Governments play a key role in accelerating this progress by providing regulatory frameworks, enacting policies for telecommunications infrastructure requirements and industry standards, and building strong partnerships between telecommunications companies, regulators, infrastructure providers, developers, municipalities, and international standards and metrology organizations. The forum provided a good platform for the leaders of the communication sector to discuss the needs for digital infrastructure transformation to support the digital economy in the countries of the region, in line with the achievement of the United Nations Comprehensive Sustainable Development Goals signed by regional governments.

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About Huawei

Founded in 1987, Huawei is a leading global provider of ICT infrastructure and smart devices. Today, we operate in more than 170 countries and territories with more than 207,000 employees, serving more than 3 billion people worldwide.

Our vision is to bring digitization to individuals, homes and businesses to create a fully connected, intelligent world by providing ubiquitous connectivity and promoting equal access to networks. Providing cloud computing and artificial intelligence services to all parts of the world, providing you with the best computing power wherever you are, whenever you want; Creating digital platforms to help improve flexibility and efficiency across sectors and organizations; Changing the concept of user experience depending on the special needs of each individual and different aspects of his life, whether at home, office or on the go, depending on artificial intelligence.

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Economy

Analysis of Bitcoin Against the US Dollar Today: Bitcoin

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Analysis of Bitcoin Against the US Dollar Today: Bitcoin

Bitcoin fell early in Friday’s session but quickly reversed, showing renewed vitality. All indicators currently point to an upward trajectory, with the $45,000 level likely to be targeted in the near term. Current sentiment appears decidedly bullish, and any pullbacks in the market are likely to be closely watched for potential buying opportunities and value discovery.

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In this dynamic market, there is significant support at the $40,000 level, often referred to as the “market bottom.” Additionally, the 20-day moving average is in line with this level, which reinforces its importance. However, it is important to realize that Bitcoin’s defining characteristic is its volatility, a characteristic inherent not only to Bitcoin but to the wider cryptocurrency space.

A significant factor influencing Bitcoin’s trajectory is the relationship between US interest rates and the cryptocurrency. Interest rates show a negative relationship with Bitcoin, as low interest rates encourage investors to seek higher returns across the risk spectrum. Conversely, high interest rates may deter institutional investors from entering the cryptocurrency market.

Also, investors are eyeing the potential launch of a Bitcoin exchange-traded fund (ETF) in the coming months. This development has sparked excitement in the cryptocurrency community, with ETFs representing a departure from Bitcoin’s original spirit. However, it highlights the growing interest in bridging the gap between traditional financial networks and the emerging cryptocurrency landscape.

It is important to note that although the Relative Strength Index (RSI) still indicates an overbought position, this alone does not indicate a decline in Bitcoin’s price. On the other hand, this could indicate a period of consolidation as the market recalibrates and absorbs recent gains.

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Ultimately, the outlook for Bitcoin appears bleak, with the cryptocurrency poised for potential gains in the short term. The market’s inherent volatility is a hallmark, but investors are alert to spot opportunities within volatility. Bitcoin’s performance is closely intertwined with US interest rate dynamics and the evolving status of financial instruments such as bitcoin exchange-traded funds (ETF), which are expected to continue to dominate the imagination of market participants. The cryptocurrency market is an interesting arena, offering both challenges and opportunities to those trading in its complexities.

Daily chart of Bitcoin against the US Dollar

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Economy

3 Asian countries control 72% of global chip industry, and US earmarks $260 billion to regain leadership

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3 Asian countries control 72% of global chip industry, and US earmarks $260 billion to regain leadership

About 70% of the total manufacturing capacity is located in South Korea, Taiwan and China, with the US in fifth place after Japan, which will have a 13% share in 2022, the semiconductor lobby body revealed.

In 1990 the United States accounted for 37% of production capacity, Europe another 44%, and Japan came in third with 19%. The latter was considered a semiconductor powerhouse in the 1980s, accounting for 51% of global chip sales in 1988.

The Biden administration passed the Chips and Science Act in August 2022, allocating about $280 billion to push the lagging domestic chip industry in terms of research and manufacturing to regain its leadership.

Although 200 mm wafers are still widely manufactured and used, the chart focuses on 300 mm wafers introduced in 2001, capable of holding more wafers and believed to be more cost-effective.

In 2022, the new standard and its predecessor showed similar production levels, but these numbers are expected to change significantly in the coming years.

By 2026, SEMI expects monthly volume of 9.6 million 300 mm wafers, while 200 mm wafer production will reach 7.7 million per month. In the last category, China leads in terms of production capacity, followed by Japan and Taiwan in second and third place respectively.

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Economy

Bitcoin is jumping around 10 percent on the week

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Bitcoin is jumping around 10 percent on the week

Bitcoin rallied strongly this week as the world’s number one cryptocurrency hit its all-time high, with a recovery in financial assets benefiting from the dollar’s decline.

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The prospect of an end to the Federal Reserve’s continuing monetary tightening cycle for more than a year and a half has contributed to a recovery in all financial assets, including major indices in global stock markets. Gold hit an all-time high after breaking above $2,100 an ounce, while Bitcoin rose to its highest level in 2023. This year has been one of the windiest years for the cryptocurrency as it ranks ninth. The largest assets by market value rose 166 percent to reach $860 billion.

Other reports, expectations of an end to the monetary tightening cycle, and expectations of an earlier-than-expected shift in monetary policy contributed to bitcoin’s gains. The latest expectations indicate the possibility of a rate cut in the US after the end of the first quarter of 2024, compared to previous expectations, which indicates the possibility of a rate cut at the beginning of the third quarter of the year. The most important factors fueling Bitcoin’s rise are reports of the imminent approval of Bitcoin exchange-traded funds (ETFs) submitted to major investment firms and related US bodies.

On the other hand, this year has not been without negative news for cryptocurrencies, especially the sanctions faced by one of the world’s largest cryptocurrency exchanges, Finans, which admitted early last month that it had lied in some of the allegations against it. US and private authorities were fined approximately $4.3 billion for anti-money laundering crimes, while the exchange’s founder, Changpeng Zhao, pleaded guilty and announced his resignation as CEO. Financial transfer.

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Bitcoin rose 9.97% to register around $43,801 during this week’s trading. Meanwhile, Ethereum price rose 6.56% to reach $2,345.

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